Companies
The AI ‘death zone’ is here and most corporate AI strategies are standing in it
Chinese models just swept the top five spots on the world's largest AI marketplace. American labs still own the frontier. Don't get caught in between.
Retail sales in Great Britain fall despite heatwave increasing food and drink demand
Volume of goods sold in stores and online dropped 0.5% in July, ONS saysBusiness live – latest updatesRetail sales across Great Britain weakened last month despite the men’s footb…
Cut cost of loans for solar panels on UK homes, ministers urged
Report says ‘solar bonds’ could fund wider access to clean energy, reducing household billsSolar panels could be cheaper for people on lower incomes if the government stepped in t…
AI productivity tools are overhyped and overfunded. Investors should look elsewhere
Over 50 years ago, Charlie Munger convinced his best friend Warren Buffett to ditch the proverbial cheap cigar butts for durable, high-quality businesses.
Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
After years of experiments and setbacks, some of America’s biggest delivery companies are racing to make drones mainstream.
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
The billionaire's unrestricted gifts to 16 institutions reflect a giving philosophy built on trusting recipients to know their own communities best.
Why dodgy doors are the latest casualty of the UK heatwaves
Sticking or unlockable doors are yet another problem caused by the hot summer, but winter can also bring difficultiesThursday was another busy day for Alan Hickman, a Bournemouth-…
Baby boomers look richer than ever—but many are retiring with record levels of debt
Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder to live on
Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC
If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around for at least seven years.
Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice
Our growth has come at a time when the investment landscape is more complicated than ever. It's no coincidence.
Prediction market exec says gambling fight could reach Supreme Court by June
A possible circuit split could determine whether federal commodities law overrides state gambling rules.
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlierBusiness live – latest updatesThe UK government ran a larger than expected £1.8bn deficit …
Back on track: can Burnham fix the north’s woeful rail services?
From a new high-speed line to better intercity links, the PM has a chance to tackle problems he criticised as Manchester mayorFor passenger rail travel, the north of England was t…
I’ll admit it: I’ve cycled through red lights. But Britain’s traffic laws are to blame, not me | Simon Jenkins
The essence of cycling is to keep moving, but London’s chaotic roads often make this difficult. My solution: fewer, not more rulesI plead guilty. I have loved and used the streets…
Jill Lepore on why the artificial state is ‘doomed’ – podcast
With less than three months to go until the midterms, voters are thinking about grocery prices, the Iran war – and datacentres.This week, Jonathan Freedland speaks to the historia…
California oil pipeline can continue to operate, judge rules
State sought to stop system off coast of Santa Barbara from resuming operations after Trump ordered its reopening An oil pipeline can continue to operate off the California coast …
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion
Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year
The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered…
Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion
“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”
Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’
“It is yet another dimension in which the White House appears tone deaf,” said James Henson of the Texas Politics Project at UT, Austin.
Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’
At least 20 soldiers have signed up for the bonus off-days—with eligibility tied to serving at least two more years in uniform.
Senators demand answers from TikTok About ‘depraved’ experiment
The company withheld an algorithmic safeguard from roughly 15 million users, including minors, according to a confidential internal document.
Bessent becomes most interventionist Treasury chief in decades
Expanded bond buybacks and yen purchases mark an unusually activist approach, but widening deficits could limit its effectiveness
The AI industry is getting better at spotting dangerous behavior. It is less clear that labs know how to stop it.
Recent incidents involving OpenAI, Anthropic, and Meta show what happens when increasingly capable AI agents are tested in flawed environments. A new assessment finds leading labs…